Funding you earn now, next payment 22:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.007%
Price spread now: Binance against QFEX+0.007%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 3 days (all we have)+0.008%+$1 on $10k
+Price spread, last 2 days (all we have)+0.067%+$7 · spread now +0.007%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COST-USD | 899.01 | 0.0043 | pay 0.0005% / 1h | 8m 08s | $1.1M | $2.8M | 10x |
| Short | Binance COSTUSDT | 899.08 | 0.0065 | get 0.0065% / 8h | 2h 08m | $1.1M | $969K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.62
- Price spread: +0.007% → +0.018%
- −$1.09
- Slippage, 4 orders
- −$33.18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.66
- Costs to cover
- 0.532%
- Break-even
- 82.3 days
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 4 min ago | 1.78 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.78 bp | 21.4 bp −$21 | 97.3 bp −$973 | doesn't fit | doesn't fit |
COST on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 898.25 | −0.085% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 899.03 | +0.002% | $470K | $193K | 25x | as long as short |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 899.57 | +0.062% | $432K | $137K | 10x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 899.36 | +0.039% | $523K | $26K | 25x | as long as short |
| Bitget COSTUSDT | 0.0000% | 8h | 898.68 | −0.037% | $398K | $125K | 25x | as long as short |
| Variational Omni COST | 0.0000% | 8h | 899.21 | +0.022% | $42K | $19K | — | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.30 | −0.079% | $1K | $3.3M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.92 | +0.212% | $10K | $42K | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.782% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.31 | −0.078% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COST-USDlong | +0.0043% | 1h | 899.01 | long leg | $1.1M | $2.8M | 10x | |
| Vest COST-USD-PERP | +0.0046% | 1h | 898.35 | −0.073% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 898.72 | −0.032% | $1.8M | $536K | 20x | as long as short |
| Binance COSTUSDTshort | +0.0065% | 8h | 899.08 | +0.007% | $1.1M | $969K | 20x | |
| KuCoin COSTUSDTM | +0.0100% | 8h | 898.30 | −0.079% | $41K | $839K | 20x | as long as short |
Binance COSTUSDT
Aster COSTUSDT
Bybit COSTUSDT
OKX COST-USDT-SWAP
Gate COST_USDT
Bitget COSTUSDT
Variational Omni COST
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
KuCoin COSTUSDTM